Determine inventory turnover for given year
During 2015, Quirk, Incorporated bought $3,500,000 of inventory. Cost of goods sold for 2015 was $3,600,000 and ending inventory at December 31, 2015, was $400,000. Determine inventory turnover for 2015?
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Cost of goods sold for 2015 was $3,600,000 and ending inventory at December 31, 2015, was $400,000. Determine inventory turnover for 2015?
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Evaluate target's maximum acquisition price. Evaluate target's maximum acquisition price when discount rate is 7% and perpetual growth rate is 5%.
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